Pump Buyback and Burn of 128.2 Billion PUMP, Future Buyback Effort Halved

Over the past 10 months, Pump has used transaction fees received to buy back 128.2 billion PUMP, spending a total of $371 million. This morning, they burned the PUMP that was bought back. Some stats: ◎ $371 million purchased 128.2 billion PUMP (12.8% of the total supply), with an average buyback price of $0.0029, which is 60% higher than the current price. ◎ On average, $1.23 million worth of PUMP was bought back daily. For the past 10 months, 100% of transaction fee revenue was used for buybacks, meaning Pump's average daily transaction fee revenue over the past 10 months was $1.23 million. ◎ Additionally, they plan to continue buying back PUMP over the next year, but the buyback effort will be adjusted from 100% of transaction fee revenue to 50% of transaction fee revenue. The quantity won't be as high as before. ---------------------------------------------------- Bitget VIP: Lower fees, crazier perks! Instant access to U.S. stocks!